Euro on defensive on Greece default fears, dollar upbeat ahead of Fed2014-08-14_dollar_Reuters.JPG

The euro was held hostage by the crisis in Greece on Wednesday while the dollar held firm after solid US housing data bolstered the case for the US Federal Reserve starting rate hikes as early as in September. The euro traded at US$1.1246 (RM4.214), having slipped from Tuesday's high of US$1.1330. Although it remained in a familiar range...